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Search Results 0 to 29 of about 30 (some duplicates have been removed)
and real irony is going to be the ultimate deal's going to look like the obama boehner grand bargain that was negotiated and almost done in the summer of 2011. the fact that we couldn't make that deal then i think's a tragedy for the country. one of the thing's it did was lead to that aaa downgrading. that was unnecessary. >> let me just follow up on this point of what republicans should accept. you said you'd go back to the clinton era tax rates if you could get the spending that went with it. there are some in the republican party like congressman tom cole congress them saying let's just do that. let the rates go up for those at the top, then wait and negotiate. is there anything about that that you think could make sense? >> that's not a negotiation. the president's not going to then lower those rates. >> that might be a capitulation. >> yeah, it is a capitulation. the president thinks he's got all the cards. the republicans position improves at the beginning of the year and frankly, there are a number of people coming back, people who contributed to this mess and i'm not sure as
start with you, frank, before john boehner rejected out of hand president obama's attempt to try and do a fiscal cliff deal? >> with $1.6 trillion in new taxes, i think probably half a second. >> when you see the apparent attempt at a bipartisan lunch going on today between obama and romney, it was all very sweet and everything, the reality is the picture was about as uncomfortable as the relationship is between the two sides, and again, frank, how do we get to a better place in washington? how do we get these guys to realize, let me throw this at you. i interviewed mike tyson an hour ago. fantastic interview in many ways. what i found really fascinating and relevant to this, he talks about when he goes back to the streets he grew up in in new york, what real people care about. they care about their homes, they care about their jobs, they care about feeding their children. he got quite passionate about it. i just don't get that these politicians squabbling in d.c. care about those things enough or they would stop this politicking over things like a fiscal cliff. what do you think, frank
the advisors out and get stuff done. i just can't imagine that happening with barack obama and john boehner. they just seem complete polar opposites. >> as you suggested, obama doesn't really have an appetite for this sort of thing. we saw that last time around and if you read bob woodward's "the price of politics" it's one of the themes that comes through loud and clear. he's doing some things differently this time, though and one thing that i think is very interesting, he's taking his case to the american people and doing it day after day. all of us have talked on this show and other places about how bad the president has been in the past on selling what he wants to happen, on explaining his policies and really bringing people around to them. and we see him now trying to do that in a more forceful way than he's done in the past. and that may strengthen his hand further. >> also, do you think -- sorry. ross, do you think the deal in the end when it gets done, as it obviously will get done at some stage, do you think the republicans will by then, whether they want to or not, have moved on t
since president obama and john boehner met in person. nbc news confirms two leaders spoke by phone for 15 minutes last night a call described by politico as short and curt. boehner gave his state on the current talks a moment ago. >> no substancetive progress has been made in the talks between the white house and the house over past two weeks. all eyes are on the white house. the country doesn't need a v victory lap it needs leader. >> behind the scenes of the contours of a deal are starting to take shape, a trillion plus dollars in tax heights, entitlements of $400 billion and 1.2 trillion in spending cuts to offset the dreaded sequester. if the phoners haven't been gabfests the president is chatting up other folks including small business owners, middle class americans and mitt romney-loving ceos. if awkward meetings are par for the course in washington, the president's one today takes the cake. later this hour, president obama will sit down for a post-election chitchat with the prince of awkward, the king of tilted conversation and uncomfortabled one-liners, mitt romney. is ther
for lawrence taylor, what about this one between president obama and speaker boehner? and like s. or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>neil: maybe we just got ahead of ourselves. progress is looking not so good on the budget talks with ed henry at the white house with the latest. i am confused. where are we? >>reporter: santa geithner came to capitol hill and there was optimism but he came without bearing gifts and officer speaker wanted to see something on specific spending cuts. speaker boehner suggested the talks are going form right now. if there is any optimism it is the white house trying to both some life into the talks with too little bits of movement. james carney said the president is now open to spending cuts being part of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done and spending changes next year and the republicans say, not so were. second, a phone call teen the -- between the president and speaker boehner and carney said the presi
republicans want to draw president obama into these negotiations. they want these to be about boehner and obama. last time it happened was the 2011 debt ceiling negotiations and that didn't really turn out so well. >> why would that be their aim? >> they want to make this about the president and boehner. and they think they can get a better deal that way. the pro who white house strategy is to have this happen at the staff level and the president float above it and go out and make his case to the country. as he did later in 2011 on the extension of the payroll tax holiday. they really feel that the more they have, the president sort of down on boehner's level, the worse things are going to go. >> anna marie, i want to get your take on something that democratic senator claire mccaskill said on "meet the press," about the choice that republicans face. take a listen. >> they're going to get stuck with a raising of the rates of the top 2%. either in a very painful way. or in a way that we can all suffer a little bit. address all three legs of the stool. entitlements, cuts, and revenues, i
-minute phone conversation yesterday between president obama and house speaker john boehner. both sides describe that conversation, scott, as direct and candid. those are words custom early reserved for diplomacy between sworn adversaries and tonight that might be where we are. >> pelley: major, thanks very much. now, have a look at these two pictures. president obama and mitt romney at the final debate, the last time they shook hands, until today, when the president hosted a kind of "bury the hatchet" lunch at the white house. the two men promised to work together on shared concerns if the opportunity arises. the united nations voted overwhelmingly this afternoon to recognize the palestinian territories as a state. something palestinians have as a sight. something palestinians have sought for generations, but a diplomatic setback for the u.s. and israel. th the territories on the west bank, the jordan river, and along the gaza strip are home to palestinians displaced by the war that created israel in 1948. today's vote doesn't create an independent palestine. that would have to come in
to be struck between president obama and speaker boehner. and those are really the two people to watch. and their staffs right now. of course, mitch mcconnell will play a key role in bringing around senate republicans, excuse me. but it's really between the house republicans and the white house at this point. you know, we have to watch and see what they do. i think there's a lot of public posturing. but i do think that all these people have been at this table before. they're very familiar with the contours of what they will agree to from the debt ceiling negotiations. and so it's really just a matter of getting closer and closer to that deadline, having the markets start to freak out and then realizing that they have to come up with something. >> seems like there's a lot of public theater going on with this one. >> quickly on michael's point, if the mandates for compromise, accusing the democrats of being wealth destroyers probably doesn't move the compromise needle very far. >> michael, zachary, nancy, thanks to all three of you. i appreciate it. >>> developing now, this story we need
. senator mitch mcconnell reportedly burst into laughter while geithner was in the middle of outlining obama's plan. and house speaker john boehner who described his phone call with the president wednesday night as disappointing was not impressed by the white house proposal. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president and congressional democrats to tell the american people what spending cuts they're really willing to make. >> boehner then raised the stakes by throwing the debt ceiling into the mix, suggesting that any plans to raise the nation's borrowing limit would have to be matched by spending cuts in the fiscal cliff deal. >> as i told the president a couple weeks ago, there's a lot of things i've wanted in my life, but almost all of them had a price tag attached to them. i continue to believe that any increase in the debt limit has to be accompanied by spending reductions that meet or
. keep doing. go long. >>> president obama and house speaker john boehner both talking today about the looming fiscal cliff. but not to each other. the president was making his case on the road while boehner was dismissing the white house proposal as a joke. cnn senior congressional correspondent dana bash joins us live from the capital. dana, what's the latest? >> reporter: well, joe, it turns out he laughed at geithner when he proposed the white house package which includes $1.6 trillion in tax increases. instead, today mcconnell floated to "the wall street journal" the idea of revenues by medicare and eligibility age, but democrats are very dug in. they say anything that doesn't include tax increases on the wealthy is a nonstarter. a day after getting a white house proposal the republicans greeted as a joke, they're not laughing. >> now, the white house took three weeks to respond with any kind of a proposal and much to my disappointment it wasn't a serious one. >> reporter: house speaker john boehner rushed to the cameras to respond to the president's campaign-style event at a
will be launched over the fiscal cliff if congress and the white house can't agree on a resolution. president obama and house speaker boehner took the fight to the podiums. >> it's not acceptable to me and i don't think it's acceptable to you for just a handful of republicans in congress to hold middle-class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. that -- that doesn't make sense. >> it's not a serious proposal. and so, right now, we're almost nowhere. >> joining me now is nancy cook, budget and tax correspondent for national journal. welcome back, nice to see you. >> you, too. >> let's take a look at white house propose. $1.6 trillion in tax increases, $400 billion in savings. is that how this $1.6 trillion is going to be reached? >> the way the $1.6 trillion will be reached is primarily through the expiration of the bush-era tax cuts for the top 2% of taxpayers. then there would be some other increases in taxes on investment income, again for people above people making more than $250,000, and also some capping of deductions. so there's a, you know,
john boehner also spoke to president obama on the phone last night. he said he wanted to know where the administration would rein in spending, but that he had heard nothing new. >> i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president is really willing to do. listen, i remain hopeful that productive conversations in the days ahead can be had but the white house has to get serious. >> sreenivasan: senate minority leader mitch mcconnell echoed that complaint. in a statement, he said, "today, they took a step backward and significantly closer to the cliff." conversely, white house spokesman jay carney charged republicans failed to provide any details on what they could tolerate in the way of tax increases. >> the president has always engaged in this with real numbers. when you talk about flexibility on revenue, all we've heard so far and it's welcomed, don't get me wrong, but we've heard that yes, revenue on the table but we need more than that. >> sreenivasan: away from the microphones, there were reports of possible movement. an a
. i think it's far fetched. i don't think either of these men, president obama or john boehner, want to see this country go off the fiscal cliff. there's obviously too much at stake not only politically but for the lives and welfare of americans. i think that's foremost in their mind, even given all the politics. so thelma and louise, whatever conspiracy theories we see right now, they might be justified because we're at a standoff at least publicly right now as we head into december, alex. >> mike viqueira at the white house, thanks for that. >>> joining me for more front page politics, perry bacon junior and political contributor for the "washington post." perry, the president's plan is pretty ambitious. what is the strategy here? >> the strategy is to move this debate to the left. i mean, a lot of times you saw in these first four years obama would kind of start in the center on a plan and then the republicans could move to the right a little bit. in this plan, obama knows republicans don't support stimulus money. they don't support $1.6 trillion in taxes. he's saying i won the el
connections and they can get this. >> reporter: speaker john boehner and president obama spoke for almost half an hour wednesday evening. >> well, we had a very nice conversation last night. it was direct. and straightforward. >> reporter: cnn has learned the president told the speaker there's no deal unless republicans agree to let the tax rates go back up for families who earn more than $250,000 a year. what the president campaigned on. but in recent days there's been talk of getting revenue by capping deductions or bringing in more money through tax reform. it's clear for the white house those proposals wouldn't be enough. it has to be tax rates for the wealthiest. speaking to wolf blitzer, goldman sachs ceo's the latest business leader to say that should not stand in the way of a deal. >> i think if that's what it took to make the math work, when you look at the entitlement side and when you look at the revenue side, i wouldn't preclude that. >> reporter: but speaker boehner is pushing back saying the real debate shouldn't be about taxes. it should be about cutting spending. >> despite the
. treasury secretary timothy geithner met with house speaker john boehner and laid out a detailed list from president obama that includes $1.6 trillion in tax increase over ten years. more stimulus spending to boost the economy including home mortgage refinancing and the permanent end to congressional control over the debt ceiling. in return, president obama is offering republicans $400 billion in entitlement cuts over ten years. still to be negotiated. mr. obama also wants emergency unemployment benefits and a temporary payroll tax holiday extended along with the infrastructure spending and mortgage relief, the price tag for the president's stimulus bill could rise to $50 billion or more. after meeting with secretary geithner, speaker boehner said he didn't see any sign of compromise from the white house. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the w
the average middle- class family could pay about 200--$2,000 a year more in taxes. house speaker john boehner blanks the spot stalemate on the obama administration. he says they are taken republicans seriously with their plan to close loopholes and deductions without raising taxes. >> we think it would be a wonderful christmas gift for the american people for the middle class a tax cut come january people and we want them to tell the american people why not that they will not do it. we are optimistic. >> the democratic controlled senate has already voted to extend the bush era of cut for incomes that are under $250,000 and led the other is expired. >> moody's analytics predicting there will be a short-term deal reached before the end of the year. we will take a quick break on the kron for morning new we want to go outside and give you a quick look. we will tell you about the power outages i think we have information where you can see the north bay is still dealing with more than 1300 customers without power in the south bay about 1100. in the east bay 940. 700 on the peninsula and roughly 60
the hour. jitters for small business owners. president obama is calling for $1.6 trillion in tax spikes. john boehner is telling him to get serious. >> with 32 days left, the two parties are trading insults with 90% of americans facing higher taxes next year. small business owners want answers. poppy harlow is talking to them. they are very nervous about this. >> very nervous and frustrated. they have no idea what is ahead. that uncertainty is the hard part. we went to new jersey to talk to owners of very different businesses that are equally frustrated that washington can't get it together. >> any company, any business did the method of accounting like the government, we would be in jail. >> you sound like you have had it. >> i have. here is the reservations. staffed 24 hours a day. >> reporter: he started the business back in 1984. today, he's got a staff of 75. 53 cars and one big question. >> i just want congress to tell me to come up with what the boundaries are so i know -- i know how to run my business, i know how to plan. >> reporter: he's laid off four employees in the last six
around the world are up this morning after comments made yesterday by president obama and the house speaker, john boehner, both expressing optimism on those fiscal cliff negotiations in washington. the dow rallied 100 points yesterday off of those comments. how many times have you heard me say congress will mess it up. >>> goldman sachs ceo met with the president and others yesterday for those fiscal cliff talks. listen to what he told wolf blitzer when asked if taxes should be raised on those making more than $250,000 a year. if that's what it takes to make the math work when you look at entitlement side and revenue side, i wouldn't preclude that. of course we would have to do that if the numbers drive that way. >> he said america can't afford itself right now the way we're going. fiscal cliff talks today continue with geithner making the rounds on capitol hill. later this morning, third quarter gdp expected to be revised higher. economists expect gdp for july to september to be revised from 2% to 2.8%. that would be good news. this is still modest growth. everyone hopes that next
made between the president and speaker boehner during last year's budget talks including cuts to medicaid and medicare and one more sign two sides are moving together. today president obama is hosting mitt romney for lunch. it's closed to the press but those fiscal cliff talks will be part of that discussion. >> curious minds will want to know. susan, thank you. the fiscal issue of another sort, the record setting powerball jackpot. we like talking about this fiscal issue. this morning lottery officials say there are two winning tickets for the grand prize. the winning tickets were sold in arizona and missouri. the prize winners have not come forward. the winning numbers, 5, 16, 22, 23, 29 and powerball 6. the winners will split a jackpot of more than $587 million. second largest in u.s. lottery history. later in the broadcast, a report from anna warner on the down side to lottery fever. addictive gambling. that's later on this morning. this morning the west coast is getting ready for the second of three back-to-back storm systems, the so-called pineapple weather system starte
. >> president obama accusing republicans ever being willing to raise taxes on 98% of americans, while speaker boehner said it's the president when is unwilling to compromise. it's time now for our sunday group. bill crystal of the weekly standard. marcha liason and ed rollins and former democratic senator that you heard. >> each of them are saying they are being reasonable and it's the other side's fault. you have been through your share of washington negotiations. what strikes you about what you heard today? >> i think they both made their case well but i think geithner is in a stronger position in this respect. the president is the president. he can maneuver, he can say my $1.6 trillion and he can say $1.2 trillion. speaker boehner has 135 members. they don't hop to it when he decides to move. he's in a tougher position structurally. in these show downs the white house usually wins and the main reason they win is it's a unitary executive. and congress is in a weaker position. >> all right. >> what happened this week is interesting. both sides are putting out their maximalist position and te
reaction from speaker boehner and senate majority leader reid after their meetings with secretary geithner on capitol hill today. >>> plus, a live report from the white house on president obama and mitt romney's lunch meeting in the private residence. >>> we are following developing news. former president george h.w. bush has been hospitalized. we'll update you on his condition. >>> plus, we are just now an hour away from an historic u.n. vote on the palestinian's bid for statehood. israel's vice prime minister joins me live. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage
-called fiscal cliff and president obama making his case to raise taxes on the rich while john boehner, the speaker of the house opens negotiating. >> it's not acceptable to me and i don't think it's acceptable to you, for a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want the tax rates on upper income folks to go up. all right? that, that doesn't make sense. >> increasing tax rates draws money away from our economy that needs to be invested in our economy that needs to put the american people back to work. it's the wrong approach. and we're willing to put revenues on the table, but revenues that come from closing loopholes, getting rid of special interest deductions and not raising rates. >> clayton: so with all of that, the white house saying they're unwilling to compromise on tax likes for the wealthy, where do we go from here. >> juliet: let's ask dana perino, currently on "the five" fox news channel. >> how are you. >> a great so-so far, lots of calories on that table out there. >> dave: speaking of ugly, how was the offer fro
Search Results 0 to 29 of about 30 (some duplicates have been removed)